Panchayats and Urban Bodies Must Raise Own Revenue, Finance Panel Chief Says

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AI-generated summary of the coverage listed below: In Indore, Madhya Pradesh, the chairman of the Sixth State Finance Commission, Jaybhan Singh Pavaiya, urged local governments to develop independent revenue streams rather than depend on central and state grants. Speaking at a divisional meeting, he emphasized that financial autonomy would enable panchayats and urban local bodies to manage their own budgets and improve service delivery. This shift aims to strengthen local governance and reduce fiscal dependence on higher levels of government.

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